Social Sciences, asked by onuwetolu, 17 days ago

When projecting future US healthcare spending as a share of GDP into the long-run, it is likely that

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Answered by madhavikotha14
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Explanation: Historical Growth Of Health care Spending

Figure 1:

Total spending on health care in the United States, including both private and public spending, increased from 4.7 percent of GDP in 1960 to 14.9 Percent in 2005, the most recent year for which data are available, rising steadily throughout most of that period.

A notable exception was the period from 1993 to 2000, when the share remained relatively stable.

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